Published on: 03 March 2021
British Marine member and UK charter broker HELM is to start accepting crypto currency as payment for yacht charters, becoming the first UK charter broker to move into the area.
Customers booking through HELM will be able to pay for their yacht charter by transferring the relevant amount of crypto currency to HELM’s Kraken Business wallet.
Explaining the decision, HELM founder Peter Harrison said; “We have long been interested in the potential of crypto currencies like Bitcoin and Ethereum to provide our clients with a speedy, secure and seamless service. Now that there are several established exchanges, getting and using coins is incredibly easy and convenient.”
Harrison added that the speed of crypto added to its lure, particularly as their wealthier clients tend to make last-minute decisions, a position brought into even sharper focus by the unpredictable nature of the current pandemic. “For crewed yachts, and this year in particular, many of our clients like to review all of their options and leave things quite late in the day before making the booking. The beauty of crypto is that you can confirm the booking on a Friday afternoon, securely transfer the funds almost instantly and be relaxing aboard the following day”.
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